Which area of the economy benefited from the policies of the Harding administration?
The presidency of Warren G. Harding began on March 4 1921 when Warren G. Harding was inaugurated as President of the United States and ended when he died on August 2 1923 a span of 881 days. Harding the 29th United States president presided over the country in the aftermath of World War I.A Republican from Ohio Harding held office during a period in American political history from the ...
The presidency of Calvin Coolidge began on August 2 1923 when Warren G. Harding suddenly died and ended on March 4 1929. A Republican from Massachusetts Coolidge had been Vice President of the United States for 2 years 151 days when he became the 30th President of the United States. Elected to a full four–year term in 1924 Coolidge gained a reputation as a small-government conservative.
Since the turmoil of the Mexican revolution had died down the Harding administration was prepared to normalize relations with Mexico. Between 1911 and 1920 American imports from Mexico increased from $57 000 000 to $179 000 000 and exports from $61 000 000 to $208 000 000.
Along with a stable currency high tariffs were the central aspect of Harrison's economic policy since he believed that they protected domestic manufacturing jobs against cheap imported goods. The high tariff rates had created a surplus of money in the Treasury which led many Democrats as well as the growing Populist movement to call for lowering them. [45]
The Labor Management Relations Act of 1947 better known as the Taft–Hartley Act is a United States federal law that restricts the activities and power of labor unions.It was enacted by the 80th United States Congress over the veto of President Harry S. Truman becoming law on June 23 1947.. Taft-Hartley was introduced in the aftermath of a major strike wave in 194...
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